๐ฐ YZi Labs joins leading financial institutions such as DRW, Tradeweb, Goldman Sachs, Citadel Securities, DTCC in a $135 million Series E Digital Asset round.
๐บ๐ธ๐ #macro USA:
- Initial Jobless Claims: 236k (pre: 236k);
- Nonfarm Payrolls: 147k (pre: 139k);
- Unemployment: 4.1% (pre: 4.2%)
- Initial Jobless Claims: 236k (pre: 236k);
- Nonfarm Payrolls: 147k (pre: 139k);
- Unemployment: 4.1% (pre: 4.2%)
๐บ๐ธ๐ #macro The current market probability that the Fed will cut interest rates in September is about 80%, down from 98% before the jobs report.
๐บ๐ธ๐ช๐บ EU says it's ready for a trade deal with the U.S. #tradewars
๐ฆ๐ช๐โโ #RWA The Abu Dhabi Stock Exchange is preparing to flood blockchain-based bonds issued by First Abu Dhabi Bank using HSBC Orion's digital asset platform. coindesk
๐ฐ #TON Blockchain startup Telegram TOP has raised $28.5 million in funding
๐โโ๏ธ #BNB Nano Labs announced that it acquired 74,315 BNB on the OTC market at an average price of approximately $672.45.
๐ฐ #SOL DeFi Development purchased another 17,760 SOLs for ~$2.7M
๐ฎ #WHITE ZachXBT: The founder of WhiteRock has been arrested by UAE law enforcement for his alleged involvement in the ยฃ30 million Zkasino fraud. He will be extradited to the Netherlands for prosecution.
๐ต๏ธโโ๏ธ Whales are accumulating #ETH:
- A wallet possibly related to Matrixport withdrew 40,734 ETH ($104 million) from CEX in the last 24 hours;
- Abraxas Capital withdrew 48,823 ETH ($126 million) from Binance and Kraken in the last 24 hours.
- A wallet possibly related to Matrixport withdrew 40,734 ETH ($104 million) from CEX in the last 24 hours;
- Abraxas Capital withdrew 48,823 ETH ($126 million) from Binance and Kraken in the last 24 hours.
๐บ๐ธ๐ #macro US (June):
- S&P Composite PMI: 52.9 (pre: 53);
- S&P Services PMI: 52.9 (pre: 53.7);
- ISM Services PMI: 50.8 (pre: 49.9)
- S&P Composite PMI: 52.9 (pre: 53);
- S&P Services PMI: 52.9 (pre: 53.7);
- ISM Services PMI: 50.8 (pre: 49.9)
๐ค 99% of #BTC holders are currently in profit as the asset inches closer to its previous all-time high.
๐ณ #ETH whales continue to stake heavily: 36M ETH now staked (+3% in June) and 200K+ ETH flowing off exchanges weekly โ but daily active addresses are still flat at ~300Kโ400K. Price momentum needs fresh user growth.
๐บ๐ธ๐น Senator Lummis introduced a new cryptocurrency tax bill with nearly identical provisions to those she attempted to include in a larger tax bill earlier in the week.
Among other changes, key provisions of the bill include eliminating the double taxation of miners and stakers, as well as establishing a $300 transaction threshold at which no tax is imposed.
Among other changes, key provisions of the bill include eliminating the double taxation of miners and stakers, as well as establishing a $300 transaction threshold at which no tax is imposed.
๐ต๐ต #USDC Circle has minted 250 million USDC. Circle has minted 2 billion USDC on Solana in the last month
๐บ๐ธ๐ #macro Bostic from the Fed: The US economy could experience a longer period of high inflation (a year or two). Labor market conditions remain broadly healthy" and have yet to show signs of deterioration that might warrant a preemptive interest rate cut.
๐ #BTC CQ: Net Bitcoin demand is falling. ETFs bought 377K BTC and MSTR bought 371K, but Apparent demand is down 857K. Bitcoin needs rising demand to break all-time highs.